5 Korella Street, Mullaloo, WA 6027 | Property Value & History | OnTheHouse
FOR SALE

5 Korella Street
Mullaloo WA 6027

Bedrooms: 8
Bathrooms: 7
Car spaces: 2
Floor area: 711m2
Land area: 1029m2
This property is currently on the market
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Property Details for 5 Korella St, Mullaloo

5 Korella St, Mullaloo is a 8 bedroom, 7 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 1029m2 and floor size of 711m2.This Property is currently listed for sale with Haiven Property

Building Type
House
Year Built
2017
Floor Size
711m2
Land Size
1029m2
Local Government
Joondalup
Lot/Plan
191/P009229

Last Listing description (November 2025)

Reasons to call this homeBrand new, completed in 2023, and perfectly positioned as one of Mullaloo's closest properties to the beach - 86m from the path leading down sand and less than 200m from the waters edge - this spectacular 8 bedroom, 7 bathroom tri-level marvel is a very rare offering. A premium build, boasting quality fittings and fixtures, incredible ocean views and an abundance of living options, its the ultimate home for multi-generational families, savvy investors or anyone craving a dream lifestyle by the sea.With an internal living area of 862sqm made up of 5 distinct living zones including 5 kitchens (3 major, 2 minor) 9 living areas, 8 bedrooms and 7 bathrooms, it is absolutely one of kind. Perfect for large extended households, or multiple families living under the one roof, or those looking for the ultimate options for separate living zones with still the option to all come together when and as you wish.This remarkable structure will also appeal to an entrepreneur who may see an opportunity to rent out some or all of the property, long or short term*, and produce a solid income stream. (*subject to conditions)All of the rooms are generous, stylish, modern, sleek with premium fittings and finishes, all in the modern white and grey colour palette thats so on point and perfect for this beach front residence.At ground level the home offers a massive separate indoor alfresco-style entertaining lounge/studio/kitchen area with its own bathroom and storage plus its very own external side access. This could easily be converted to a large lock up garage for any car enthusiast. The ground floor goes on to offer a large main open-plan living/dining/kitchen/family space, a separate theatre room, study/office, the main laundry and drying courtyard, three further bedrooms including a main bedroom suite with large walk in robe, another bathroom and a separate toilet.On the first floor above we find another full sized, fully equipped, spacious Kitchen, lounge and dining zone. There is a full master-bedroom suite with ensuite bathroom, access into a two-way powder room, along with another full guest suite. This level has sweeping sea views and fresh breezes. This level is also home to a studio with kitchenette, a lounge room or home office, and another bedroom, bathroom and toilet, plus a storeroom,Up to the top floor we have a fully separate and lockable self-contained 2 bed 2 bath executive penthouse apartment across the whole top floor of the house. This is in its own world and is made up of an expansive open-plan living, meals, kitchen and laundrette area, an extensive bedroom suite with ensuite bathroom, plus a separate second bedroom, a separate second bathroom, double blinds and a phenomenal dual sunrise and sunset aspect to savour, with panoramic ocean and coastal views as well as east back to the Perth hills. It really is the perfect top floor penthouse apartment style residence by the beach.The enclosed front yard has a sprawling lawn with ample space for a future swimming pool, an extended garage, storage for a boat, caravan, etc, or even subdivide it off as its one green title. The first option is to subdivide the yard as it is, creating a 350sqm (approx.) front block. The second is removing the garage (and utilising the current enclosed alfresco as your new garage) to release a larger 500sqm (approx.) Green Title block, should you wish.A large separate remote-controlled double lock-up garage enjoys remote-controlled roller-door access to a hidden paved courtyard the perfect trailer, fishing or surfing gear.The detailsBeyond the homes grandeur, the location is simply unbeatable, with Mullaloo Beach, a park, schools and shopping only walking distance away, while leisure and lifestyle amenities such as the exciting Ocean Reef Boat Harbour development, the local surf club and vibrant beachside cafes and restaurants are all within easy reach.Designed with an emphasis on quality and functionality, this home offers more than just a place to live its a gateway to a premium coastal lifestyle like no other. From creating a personal oasis to exploring its immense accommodation potential, the possibilities are extraordinary.A residence of this size, scope and proximity to the beach takes years in planning and building to recreate, and with todays building costs and environment, a small fortune. Save yourself the time, money and effort. Buy this and move straight in without having to lift a finger. Act now to secure this once-in-a-lifetime opportunity.Get in touchTo find out more about this property, you can contact agents Sean and Jenny Hughes on 0426 217 676 or Oliver Hess on 0478 844 311, or by email at hughesgroup@haivenproperty.com.au.Features Include: 8 bedrooms 7 bathrooms 5 Kitchens 2 Studios 2 Studies Media/Theatre 3 stories 1029sqm of land - subdivisible 86m from the beach path and 200m from the waters edge Quality double-glazing Premium stone bench tops Bosch dishwashers in the ground-level alfresco living zone and the main kitchen/kitchenette areas of all three floors, plus the lower first-floor studio Integrated range hoods and Westinghouse five-burner gas-cooktop/oven combinations Breakfast bars Built-in or walk-in wardrobes in all bedrooms Commercial-grade Daikin ducted reverse-cycle air-conditioning throughout Ceiling fans LED down lights Sensor lights Under-stair data, RCDs Manifold water shut-off system Three (3) solar-boosted hot-water units Two (2) Rheem instantaneous gas hot-water systems Full reticulation Fully fenced with digital PIN access for both the pedestrian and vehicle electronic gates Multiple parking options for up to 10 cars/vehicles

Property History for 5 Korella St, Mullaloo, WA 6027

A timeline of how this property has performed in the market
Last Sold
$555,000
11 Aug 2002
  • 12 Dec 2024
    Listed for Sale OFFERS INVITED - PRICE GUIDE HIGH $4MILS
  • 11 Aug 2002
    Sold for $555,000
  • 02 Aug 2002
    Listed for Sale Not Disclosed
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About Mullaloo 6027

The size of Mullaloo is approximately 3.1 square kilometres. It has 16 parks covering nearly 19.1% of total area. The population of Mullaloo in 2016 was 5991 people. By 2021 the population was 6190 showing a population growth of 3.3% in the area during that time. The predominant age group in Mullaloo is 10-19 years. Households in Mullaloo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mullaloo work in a professional occupation.In 2021, 84.50% of the homes in Mullaloo were owner-occupied compared with 82.20% in 2016.

Mullaloo has 2,588 properties. Over the last 5 years, Houses in Mullaloo have seen a 105.66% increase in median value, while Units have seen a 84.13% increase. As at 31 December 2025:

  • The median value for Houses in Mullaloo is $1,458,260 while the median value for Units is $778,306.
  • Houses have a median rent of $900 while Units have a median rent of $650.
There are currently 4 properties listed for sale, and no properties listed for rent in Mullaloo on OnTheHouse. According to Cotality's data, 82 properties were sold in the past 12 months in Mullaloo.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.